Reported income decreases with increasing wealth, Ram Singh's study shows, suggesting wealthiest families under-report incomes by indulging in tax evasion or avoidance tactics.
While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.
International voices discuss 'crackdown' on journalists, shortage of quality jobs & 'rising inequality' but also how hedge funds are profiting from India's booming options market.
Sam Pitroda can help Congress by pasting some strong, sticky tape all over his mouth and then spending the rest of the 2024 Lok Sabha election campaign in silence. He has done enough damage already.
The social and economic gaps continue to grow even though well-intentioned people in the world have spent trillions to fight poverty. Our approach is wrong.
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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